Aussie dollar set for two-year low
The Aussie dollar is on track for its worst month since September 2022 as markets price in a win for Donald Trump in next week’s US Presidential election.
The Aussie dollar is on track for its worst month since September 2022 as markets price in a win for Donald Trump in next week’s US Presidential election.
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
A weaker than expected Aussie dollar and uncertainty around the US election led to a quiet trading day on Monday.
The ASX closed trading up slightly on Friday, but it still fell 0.88 per cent for the week.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/5